Richmond Hill: June 2025 Real Estate Market Report
Richmond Hill Real Estate Market Update – June 2025
Richmond Hill is one of York Region’s top real estate markets. In June 2025, 174 residential properties sold, bringing in over $225 million in total sales. With its variety of luxury detached homes, family-friendly townhouses, and high-rise condos, Richmond Hill attracts a wide range of buyers, including families, downsizers, and investors.
June 2025 Housing Market Snapshot – Richmond Hill
| Property Type | Sales | Dollar Volume | Average Price | Median Price | New Listings | Active Listings |
|---|---|---|---|---|---|---|
| All Types | 174 | $225,313,482 | $1,294,905 | $1,215,500 | 645 | 1,194 |
| Detached Homes | 86 | $150,214,094 | $1,746,676 | $1,627,500 | 305 | 614 |
| Semi-Detached Homes | 8 | $8,958,000 | $1,119,750 | $1,090,000 | 35 | 51 |
| Townhomes | 26 | $29,987,800 | $1,153,377 | $1,145,000 | 122 | 190 |
| Condo Apartments | 42 | $24,996,588 | $595,157 | $590,000 | 146 | 273 |
- Detached homes remain the most desirable choice in Richmond Hill, with 86 sales and an average price of $1,746,676. These homes are often found in upscale neighborhoods such as Bayview Hill, Jefferson, and Mill Pond. Families looking for space and long-term value continue to invest in this segment. Explore the latest detached home listings in Richmond Hill for options.
- Semi-detached homes saw 8 sales in June, averaging $1,119,750. With limited inventory and steady demand, these homes provide a strong alternative to detached properties while remaining more budget-friendly. Browse semi-detached homes in Richmond Hill currently on the market.
- Townhomes continue to offer a great middle ground for families and professionals, combining comfort and value. In June 2025, 26 townhomes sold for an average price of $1,153,377. From modern stacked townhomes to freehold options, you can explore all townhomes for sale in Richmond Hill here.
- Condo apartments remain an appealing entry point into Richmond Hill’s real estate market. With 42 sales and an average price of $595,157, this segment is popular among first-time buyers and downsizers seeking convenience and amenities. Find the latest condos in Richmond Hill today.
Looking Ahead: Pre-Construction Homes in Richmond Hill
With rising interest in modern design and energy-efficient features, pre-construction homes in Richmond Hill are drawing attention from families and investors. These new developments provide future-ready living, customization options, and builder incentives, making them an excellent long-term investment.
Final Thoughts
Richmond Hill’s June 2025 market update shows a balanced situation for all property types. Whether you’re searching for a luxury detached home, a practical townhome, or an urban-style condo, the city provides a wide range of housing options. There are active listings in every category, and buyer demand is strong. Richmond Hill continues to be one of the top-performing real estate markets in the GTA.
Sources:
- https://trreb.ca/wp-content/files/market-stats/market-watch/mw2506.pdf
- https://trreb.ca/market-data/market-watch/
Disclaimer: The content on this page is curated from various reputable online sources, including blogs, news outlets, and real estate boards. While our content writer team at Condomonk.ca strives to present valuable information, we do not guarantee its accuracy or completeness. Some information could be prone to error, and some details may be outdated; the content should not be considered professional advice. For the most accurate and personalized guidance, please consult a licensed real estate agent or broker.
